Bills LB Matt Milano agreed to a pay cut as part of a reworked deal, per Jason Fitzgerald of Over The Cap.
Fitzgerald says Milano reduced his pay by $3.6 million but can make up that same amount in incentives. His new deal has a base value of $6.3 million with $5.6 million of that sum guaranteed.
The deal saves the Bills $6.2 million in cap space and voids after this season, giving Milano a chance to test free agency.
We had highlighted Milano as a potential cap cut candidate to watch this offseason but the two sides were able to work out a compromise instead.
Milano, 31, is a former fifth-round pick of the Bills back in 2017. He played out the final year of his four-year, $2.66 million contract and made a base salary of $735,000 for the 2020 season.
Milano was set to be an unrestricted free agent when he agreed to a four-year, $44 million contract that includes $24 million guaranteed. He was due base salaries of $9.25 million over each of the final two years of the deal when he signed another two-year extension.
He had two years remaining on that contract and was owed a salary of $10 million in 2025.
In 2024, Milano appeared in four games for the Bills and recorded 16 total tackles, one tackle for loss and two fumble recoveries.
